Stock Analysis

Frequency Exchange Second Quarter 2024 Earnings: CA$0.005 loss per share (vs CA$0.009 loss in 2Q 2023)

Published
TSXV:FREQ

Frequency Exchange (CVE:FREQ) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CA$264.8k (up 37% from 2Q 2023).
  • Net loss: CA$223.4k (loss narrowed by 32% from 2Q 2023).
  • CA$0.005 loss per share (improved from CA$0.009 loss in 2Q 2023).
TSXV:FREQ Earnings and Revenue History September 1st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Frequency Exchange shares are down 3.4% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 7 warning signs for Frequency Exchange (6 are a bit concerning!) that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.